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Kiawah Island Property Is Reduced 10% to $26 Million

February 10, 2012

Jeffrey Weingarten, a former partner at Goldman Sachs, has cut the price of his 15,000-square-foot vacation home on South Carolina's Kiawah Island by 10% to $26 million from its original listing price of $29 million.

According to public records, Mr. Weingarten bought the 11.7-acre property for $8 million in 2002. Three years later, he built a seven-bedroom, nine-bathroom house on the land, a private peninsula that overlooks the...

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Kiawah Island House Reduced to $26 Million

Jeffrey Weingarten, a former partner at Goldman Sachs, has cut the price of his 15,000-square-foot vacation home on South Carolina's Kiawah Island by 10% to $26 million. Lauren Schuker has details on The News Hub. Photo: Tripp Smith